"CTP management living in ga ga land, where they have produced a big fat zero in hydrocarbon production, apart from the EPT, seismics and JV's"
apart from????. the ept demonstrated production sustainability from the well. the seismics have delivered a 3D subsurface structural definition of the discovery. i will not go into the value of this, but simply note that only the ignorant or obfuscaters deny present day industry best oil field practices. and i would note that without the jv's and remarkably the retention of operatorship in one (total)your chess holding certificate would not even be worth pinning to the loo wall.
chickens not yet hatched ??. maybe, but at least we are now a long distance from being the classic resting parrot.
trust this helpful.
CTP Price at posting:
39.0¢ Sentiment: None Disclosure: Held
